RE: WOF Steamerlane, no matter where one lives or works, one knows the handful of individuals that will finds some way to attempt to stir the pot. With those people I try to be polite, but I keep my distance so as to avoid their venom.
When one looks at the bigger picture, one sees the TSXV is right at its 52 week low. Some would conclude all the CEOs of all the TSXV companies must be the problem.
So what is the more healthy mindset? One should recognize that Woulfe became much more risky when the financing did not fall into place last Fall. However, the Ned Goodman arrival as created a rational belief my many (myself included) that finally some progress will be made with financing the project. For me, this substantially lowered the risk. That is not to say there is no risk--just look at the global TSXV market in that regard.
I like the fact that the community people in Korea are putting some pressure on to get this project moving ahead. It has not been Woulfe needing that pressure (because Woulfe would be happy for the financing to be completed today) but rather, some pressure was needed to be put on IMC. They know what they want long term, but in the short term, IMC has been dragging their feet with this project. Now they have pressure coming from multiple sources: the Korean community, the near completion of the doubling of their tool factory, the fact that Woulfe is now able to just pay out the $5M loan so that IMC no longer has that leverage, and most importantly, the fact that Goodman's recent arrival as a Director means some alternate financing and offtaker could potentially be found.
To me Woulfe is much stronger now than it was 3 months ago. If you want a refreshing read of what is going on with Woulfe, filter the posts to only allowing +5 posts and one will get a pretty good idea. Most everything else is just meaningless chatter. IMO.